Originally posted by Daemon SinCrystal Palace, which was a building rather than an area.
I'll have to ask the guy who first told me the question when I see him again but I think it's just in the English League.
Of course Arsenal and Port Vale have dropped place names during their history, although whether the latter name actually refers to an area itself I don't know.
There are more in the Scottish league that aren't named after a place St Mirren, St Johnstone, Albion Rovers, Raith Rovers (although Raith may be a place, they're named after the laird), Queen of the South (the nickname of a place), Morton (a street? although have added Greenock at various times), Rangers, Celtic, Hibernian (these last two refering to people, albeit derived from an area).